On behalf of Helen Newman and Andrew Fielding of BDO as Agents for the Mortgagee in Possession, Colliers International (Cairns) offers for sale Lots 28 & 65; 14056 Kennedy Highway, Millstream QLD 4888.
The subject property comprises a parcel of 2 separate freehold lots with a total area of 800.1* hectares. The property is situated in the rural locality of Millstream, approximately 10 kilometres west of Ravenshoe and 60 kilometres south of Atherton on the Atherton Tablelands.
Improvements include a lowset timber residence, cottage, several sheds and a set of stock yards. Stock water is provided by a permanent dam. There is also a windmill which pumps to a tank at the house and waters a trough at the yards.
The size of Millstream is approximately 195.3 square kilometres. It has 6 parks covering nearly 3.4% of total area. The population of Millstream in 2011 was 1,070 people. By 2016 the population was 1,238 showing a population growth of 15.7% in the area during that time. The predominant age group in Millstream is 60-69 years. Households in Millstream are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Millstream work in a labourer occupation. In 2011, 81.6% of the homes in Millstream were owner-occupied compared with 79.5% in 2016.
Millstream has 689 properties. Over the last 5 years, Houses in Millstream have seen a 54.55% increase in median value, while Units have seen a 1030.79% increase. As at 31 December 2024:
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